The International Chamber of Commerce (ICC) recently launched the new Arbitration Rules 2017. The amendments of the ICC Rules of Arbitration, which entered into force from March 1, aim to increase the efficiency and transparency of ICC arbitrations.
In a speech, ICC Qatar secretary general Remy Rowhani underscored the importance of the new Qatari Arbitration Law in fostering Qatar’s rapid economic growth and enhancing its position as a hub of arbitration.
Rowhani also gave a presentation on the ICC, its activities in the international business community, particularly in the G20 and the World Trade Organisation. He called on business owners and companies to be members of ICC Qatar.
Ghada Darwish, managing partner of Ghada M Darwish Law Firm, said the Qatari legislator adopted a special policy and approach to arbitration as one of the alternative means of resolving disputes between individuals to provide a viable solution to many points of contention on an array of matters and topics of arbitration.
She added, “We are confident that the Qatari legislator would represent a significant breakthrough on the practical level, as it will complement the legislative structure supporting investment.”
Aside from Rowhani and Darwish, the event was attended by Qatar International Arbitration Centre board member Sheikh Dr Thani bin Ali bin Saoud al-Thani and Sultan al-Abdulla, managing partner of Sultan Al-Abdulla and Partners.
The event included two panel discussions, which discussed the amendments to the ICC Rules of Arbitration and to what extent Qatar’s new arbitration law addresses remaining challenges in international arbitration, including ICC proceedings.
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